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MTN to Get €100m Loan for Network Expansion

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network expansion

By Adedapo Adesanya

MTN Nigeria Communications Plc will receive €100 million credit facility from the European Investment Bank (EIB) to speed up its network expansion programme.

According to a corporate disclosure by the company, the investment will aid the acceleration of 4G coverage in Nigeria and expand broadband access in line with MTN’s 2025 ambition strategy.

The statement further explained that the transaction represents EIB’s largest financing for mobile telecommunications network expansion in Africa. It will help improve network capacity across the country to accommodate rising data traffic and enhance coverage in Lagos and Ogun states.

Commenting on the deal, MTN Nigeria’s Chief Executive Officer, Mr Karl Toriola, said, “We are committed to the leading digital solutions for Nigeria’s progress. This requires the continuous upgrade and expansion of our infrastructure to enable us to deliver superior service.

“The EUR 100 million financing agreed with the EIB will accelerate 4G coverage, enhance network capacity and drive innovation that will benefit our customers.”

On his part, the Vice President of EIB, Mr Ambroise Fayolle, said, “Accelerating large-scale investment in the telecom network is essential to ensuring reliable access and enabling daily living and economic activity. The EIB is committed to unlocking transformational digital investment across Africa and is pleased to provide EUR 100 million backing for MTN Nigeria’s ambitious network expansion programme.”

Adding her input, Ms Samuela Isopi, the Ambassador of the European Union to Nigeria and ECOWAS, said, “Digital transformation offers Africa tremendous opportunities, and digitalisation is one of the priorities of the EuropeanUnion partnership with Africa. This record support for investment in MTN Nigeria by the EIB, the EU bank will deliver better services, unlock economic opportunities and improve lives across Nigeria.”

Business Post reported that MTN was the first network to roll out its 5G network coverage in the country, making it the only telco to do so.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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WhatsApp Rolls Out Self-Messaging Feature

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WhatsApp Self Messaging Feature

By Adedapo Adesanya

Popular instant messaging service, WhatsApp, has started rolling out a feature that allows users to chat with themselves or save messages. Sending messages to one’s own account can be a way to keep a piece of information easily accessible, right next to other WhatsApp conversations.

Called Message Yourself, the feature lets users send notes, reminders and shopping lists to themselves on WhatsApp.

On Monday, the Meta-owned instant messaging app announced the rollout of the new self-messaging feature that will reach all its Android and iPhone users in the coming weeks.

Users will see their contact at the top of the contacts list on WhatsApp when they create a new chat. Tapping that contact will take them to the chat screen they can use to send messages to themselves.

Although the native feature to message oneself is new on WhatsApp, some users have already been using a workaround for some time. Users can already send messages to themselves using the app’s click to chat feature. Nonetheless, the new offering removes the additional steps that users need to self-chat using the wa.me URL.

Users can also pin their self-chat messages to the top of the conversation list if they don’t want to search for them in their widely polluted chats list.

Rival platform, Signal, already offers a feature called Note to Self that does much the same thing, though it is contained in the user’s contacts list rather than being available at the top.

Telegram also offers a similar feature called Saved Messages that lets users bookmark any important messages as well as save their notes and reminders that can be accessed in the future. Messages, once saved, can be accessed from the top of the chats screen. However, Telegram users initially need to access the feature by tapping the hamburger menu on Android or through the settings menu on iOS.

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MSMEs, Schools, Others to Benefit From N16.7bn Broadband Access Projects

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Broadband access projects

By Aduragbemi Omiyale

Broadband access projects worth N16.7 billion aimed to accelerate the Nigeria digital economy efforts of the federal government are expected to be enjoyed by several organisations in the country.

The Minister of Communications and Digital Economy, Mr Isa Pantami, speaking at an event in Abuja recently, stated that those to benefit from the projects include Micro, Small and Medium Enterprises (MSMEs), 18 universities, and six polytechnics from each of the six geopolitical zones in the country.

The Minister was at the unveiling of the projects being driven by the Nigerian Communications Commission (NCC) at Transcorp Hilton.

He said the projects underscore the importance of broadband connectivity and access as central to the accomplishment of the targets of the National Digital Economy Policy and Strategy (NDEPS) 2020-2030 for a digital Nigeria.

Mr Pantami, who was joined by the Minister of Federal Capital Territory (FCT), Mr Mohammed Bello, disclosed that the key infrastructure being provided for the projects comprises broadband infrastructure for tertiary institutions, broadband infrastructure for MSMEs, distribution of 6,000 e-pad tablets, in addition to the provision of broadband connectivity to 20 markets as a pilot.

He said the interest in supporting the MSMEs is justified by their current contribution of more than half of Nigeria’s Gross Domestic Product (GDP) prior to the COVID-19 outbreak, and now constitute 96.7 per cent of entire businesses in the country, and therefore, “any effort to develop our economy without bringing the such important sector into the equation will amount to efforts in futility.”

In their remarks, the Chairman of the NCC board, Mr Adeolu Akande, and the Executive Vice Chairman of the commission, Mr Umar Danbatta, agreed that the projects would fast-track and enhance the ongoing efforts of the agency to deepen connectivity towards achieving the targeted broadband penetration of 70 per cent by 2025.

Mr Akande assured of the commitment of the commission in completing the projects, which will add the necessary fillip to achieving the major objectives spelt out in the NDEPS, 2020-2030, while Mr Danbatta said the organisation was determined to improve broadband penetration in the country.

He said the commission would promote digital skills acquisition to improve service delivery in education, commerce, healthcare, agriculture, finance, transportation, and governance, among others.

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ISSAN to Teach Practical Steps to Check Cyber-Attacks

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practical steps to check cyber-attacks

By Aduragbemi Omiyale

On Tuesday, November 29, 2022, individuals and businesses will receive practical steps to check cyber-attacks at the annual cyber security conference of the Information Security Society of Africa, Nigeria (ISSAN) themed Cyber Security Imperatives for Business – Practical Considerations.

The hybrid programme, which starts at 9 am, is open to public and private sectors, including large corporates, small and medium-scale enterprises, educational institutions, government agencies and all stakeholders that are impacted by the cyber-ecosystem in any way.

According to the president of ISSAN, Dr David Isiavwe, the conference, which members of the public can be part of via Zoom, will be devoted to further exposing the new threats and trends in the cyber security space and also offer practical steps on what businesses and individuals need to know and do to check the rising tide of the activities of cyber-criminals.

He observed that cyber attackers are getting more sophisticated globally, which is an aftermath of the COVID-19 pandemic, stressing that greater awareness must be created to minimize attacks on businesses that may result in losses by various organisations.

“There is an urgent need to evolve a strengthened cyber-security system in Nigeria because of the growing digitalisation of the country’s economic and social interactions as people now work from home and anyone with a smartphone could hop into cyberspace from anywhere and attack nation-states, organisations, and individuals. This means that the threat landscape has just expanded significantly across the borders of any organization or country.

“The first thing that ISSAN is doing is advocacy. We are engaging all key stakeholders to ensure that there is adequate and constant collaboration. Everybody must work together because the entire cyberspace is as secure as its weakest link,” Mr Isiavwe said.

Further, the ISSAN leader, who is also a General Manager at Ecobank, disclosed that highly experienced subject matter specialists had been assembled to provide further insights on how the ecosystem can be better protected, noting that large sums of money are usually at risk in every successful attack.

The keynote address will be delivered by the Director of Payment Systems Management at the Central Bank of Nigeria (CBN), Mr Musa Itopa Jimoh and the Director of IT at the apex bank, Mrs Rakiya Mohammed.

The speakers include Managing Director/Chief Executive Officer, Digital Jewels Limited, Mrs Adedoyin Odunfa; Founder & CEO, Mint FT Innovative, Mr Similolu Akinnusi; Chief Information Security Officer, First Bank of Nigeria, Mr Harrison Nnaji and MD, Cybertech NX, Dr Austine Ohwobete.

Others are Managing Partner, Technology Advisors LLP, Basil Udotai, Esq; Group Head, Customer Fulfilment Centre, UBA, Mr Prince Ayewoh; Chief Executive, Stanbic IBTC Financial Services Limited, Mr Stanley Jacob; Sales Director (Africa), OneSpan Europe, Mr Nicholas Poire and Field CTO, OneSpan Europe, Mr Dan Mcloughin.

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